Indiana daily times. [volume], August 31, 1920, Home Edition, Page 9, Image 9

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

Image provided by: Indiana State Library

                
STOCK MARKET
ON DOWN TREND
Unfavorable Bank and Labor
Conditions Factors.
NEW YORK, Aug. 31.—The unfavora
ble bank statement Issued Saturday, to
gether with reports of unsettled labor
conditions in different parts of the coun
try led to selling at the opening of the
stock market yesterday on which initial
quotations dropped from fractions to
nearly 2 points.
Steel common selling ex-dividend
dropped % to 89. Replogle Steel was off
1% to 753fe, and Baldwin Locomotive de
clined 1%, to 107.
Mexican Petroleum fell 1%. to 160%,
and Pan American Petroleum %, to 86%.
Studebaker dropped %, to 61. Ameri
can Sugar fell 1 point, to 109.
The rails held steady. Union Pacific
selling up %, to 121%, and Southern Pa
cific above 96. Reading dropped %, to
8134.
Price movements were narrow during
the forenoon. B. R. T. dropped 34, to
9%.
American Sugar rallied to above 110;
Steel common sold down to SS%. and
Baldwin to 106@, and Pan American Pe
troleum rallied %• to 87%.
The market closed firm.
Ralls continued to feature the market
until the close. Southern made -a new
high for the day at 96%; Eries were ac
tive.
At the close U. S. Steel was S8 7 4, off % ;
Bethlehem B 76. off 34; Baldwin 107%, off
%; Mexican Petroleum 161%. off 34;
Studebaker 62, up %; Reading 92%, up
%; Southern Pacific 96, up %; L nion
Pacific 121%, up %; Baltimore & Ohio
4134. up 1%; Erie, first preferred 22%, up
134. At the close call money reached 19
per cent.
(By Thomson & McKinnon.)
—Aug. 30—
The lower range of values established
on the opening were without doubt re
sponsible solely to the labor difficulties
that have developed on the B. K. T. and
the prospect of another coal strike, but
the declines were Established on a very
moderate volume of business and follow
ing the early transactions there was a
rather prolonged period of extreme dull
ness and as is frequently the case un
der similar circumstances, a moderate
rally followed.
The improvement was most noticeable
in the railroad shares and In this de
partment buyers do not appear to be con
cerned with momentary trade conditions
or the state of the money market.
It is quite evident that these shares
are being accumulated for ultimate re
sults.
Money conditions were again unfavor
able today. The renewal rate was 8 per
cent rnd later in the' day was further
advanced.
Aside from the money stringency the
unsettling element is the uncertainty
about business, but this is so closely in
terwoven with banking conditions that
the consideration of one involves the
other.
These very conditions, however, will
create the foundation for the next period
of activity, as these conditions' involv
ing reduced output and reduced distri
bution, will ultimately result in limited
supplies.
NEW YORK LIBERTY BONDS.
NEW YORK. Aug. 30.—Liberty bond
quotations; 334 5 . 89.82; first 4s, 87.40;
second 4s, 84.32: first 4345. 84.90; second
4%*. 84.42; third 4345. 57.74: fourth 4%,
84.88; Victory 3%5, 95.32; Victory, 4%5.
95.38.
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—Opening—
Bid. Ask.
-—Aug. 39
Briscoe 23 27
Chalmers, pfd 2
Packard, com 1634 17
Packard, pfd 80 84
Chevrolet 250 500
Peerless 31% 32%
Cont. Motors, com B%‘ 9
Cont. Motors, pfd 93% 97%
Hupp, com * 14 15%
Hupp, pfd 97 101
Reo Motor Car 21% 22
Elgin Motors 734 8
Ford of Canada 330 "60
United Motors 35 50
National Motors 10 13
Federal Truck 26 30
Paige Motors 23 24
Republic Truck 36 38
ACTIVE OIL STOCKS.
(By Thomson & McKinnon.)
V. —Aug. 30—
. —Opening
Bid. Ask.
Atlantic Refining 1130 1200
Borne-Scrymser 422 475
Buckeye Pipe Line 90 95
Chesebrough Mfg. Cons.... 220 240
IChesebrougb Mfg. Cons pfd. 100 105
Continental Oil, Colo 120 122
Cosden Oil and Gas 7% 7%
Crescent Pipe Line 28 32
Cumberland Pipe Line 135 142
Elk Basin Pete S3* 9
Eureka Pipe Line 102 107
Galena-Signal Oil, pref 85 95
Galena-Signal Oil, com 48 65
Illinois Pipe Line 148 153
Indiana Pipe Line 94 100
Merritt Oil 14% 1534
Midwest Oil 1%
Midwest Refining 147 150
National Transit 25 27
New York Transit 165 175
Northern Pipe Line 100 103
Ohio - Oil 310 330
P & R 6% 6%
Penn.-Mex 43 48
Prairie Oil and Gas 540 580
Prairie Pipe Line 185 195
Sapulpa Refining 5% 5%
Polar Refining 330 360
Southern Pipe Line 120 130
South Penn Oil 270 280
Southwest Penn Pipe Lines 63 68
Standard Oil Cos. of Cal ... 310 313
Standard Oil Cos. of Indiana 670 603
Standard Oil Cos. of Kan... 525 545
Standard Oil Cos. of Ky.... 350 370
Standard Oil Cos. of Neb— 420 440
Standard Oil Cos. of N. Y... 386 390
Standard Oil Cos. of 0hi0... 430 450
'(Swan & Finch 70 SO
/Union Tank Line 120 125
Vacuum Oil 352 360
Washington Oil 29 33
j NEW YORK METAL MARKET.
NEW YORK, Aug. 30.—Copper, easy;
spot and August offered. 18%c; Septem
ber, 18%c: October, 18%c; November,
18%c; December, 19c.
Lead, easy; spot and August offered,
; 2>c: September. 8.90 e.
j Spelter, quiet: spot and August offered
Klsc; October and November. 8.20 c.
jgf Money and Exchange
■ new YORK, Aug. 30.—A1l European
with the exception of marks
slightly lower at the opening of
foreign exchange market today.
■ wling was off %, to 3.5514: francs,
■ 163, off .0002; lire, .0465. off ,O<X)2;
■ arks, .0202; unchanged. Canadian doj
■ rs demand were .8875 c.
Foreign exchange closed: Sterling fiet
■ and. $3.55; cables. $3.55%; francs, do-
Stland, .0353: cables, .0654; lire, demand,
H 64; cables, .0465; marks, demand. .0201;
lefties, .0202; gilders, demand, .3210;
H ales. .3220; Canadian dollars, demand
TZj 50. . '
tiyEW YORK, 30.—Commercial
silver was quoted today as follows:
unchanged at 99%; foreign. *8
Aug. 30.—Silver was Id
today at 59-4d.
WHOLESALE MEATS,
rjetfaiolesale meat prices are quoted by
packers as follows:
Hlms—Regular 14 to 16 lbs., 37%e;
8 to 10 lbs, 39e; fancy boiled,
—Fancy breakfast, 5 to 7 lbs,
fancy sliced. 1-lb carton. 57cf su-
Kr cured. 4 to 6 lbs average, 46c.
PT^ard—Refined tierces basis, 21%c;
open kettle, tierces basis. 22@22%c.
Fresh Pork —Spare ribs, ISVbc; shoul
der bones, 7%c; tenderloins, 61@65e;
dressed hogs, 24%c.
Beef—Steers, medivm. 400 to 500 lbs,
20c; No. 2 heifers, 19c; native cows,
18%019%C; medium cows, 15c; loins. No.
[2. 36c; No. 3,35 c; ribs, No. 2,27 c; No.
L3, 25c; rounds, Nol 2. 28%c; No. 3,
■2714)0; chucks. No. m, 15c; No. 3,14 c;
■plates cow, No. 2, BW.
The Final Edition
of
THE TIMES
Sold on the Streets After
4 p. m.
carries the New York Sun’s au
thoritative FINANCIAL REVIEW
of the day and WALL STREET
STOCK TABLE, revised and cor
rected, showing range of prices on
all active stocks and comparison
with previous day’s close.
With this exclusive feature, in
addition to its regular market
page published in Home and Final
editions, The Times furnishes busi
ness men with
“TODAY’S NEWS TODAY.”
N. Y. Stock Prices
—Aug. 30— Prev.
High. Low. Close close.
Am. Agricul 76 75 75 77
Am. Can : 35 35 35 35
Am. Car & Fdv..134% 133 134% 134%
Am. Cotton Oil.. 23 34% 24%
Am. Drug 10% 10 10% 10%
Am. H& L pfd. 73% 73% 73% 73%
Am. Ice 38% 33 38
Am. Inter. Cor. 72% 72 72% 73%
Am. Loco 95% 94V 2 95 95
Am. Ship & C.. 21% 20% 20%
Am. S. & Ref.. 55% 55% 55% 55%
Am. Sugar Ref.lll% 109% 111% 110%
Am. S. Tob. Cos. 86% 83 86 , 1 ...
Am. Steel Fdy. 37% 37 37%
Am. Tel. & Tel. 97% 97 97 97
Am. W001en.... 79 78% 78% 78%
Anacn. Min. Cos. 52% 52.% 52% 53
Atchison 83% 82% 85% 83%
Baldwin L0c0..108 106% 107% 10S%
B. 0 41% 39% 41% 40
Bethlehem '’B". 76% 75% 76 76%
Brok. R. Tran. 10 9% 10 -
Canadian 1’ac.,.121% 120% 12&% 121%
Cent. Leather.. 54 53 % 5."% 54%
(’..%(> *’o% 58% 603, 59%
C. u. I & P.com. 36% 35% 36% 35%
C. It. I. pfd. 65% 05 65 65
C..R.1. 7 pet. pf. 75% 75% 75%
Chino Copper... 29 28% 28% 29%
Chili Copper 14% 14% 14% 14%
C..M.&St.P 36% 35 36% 35
C.M.ASt.P. pfd. 54 53 % 53% 52%
Chi. & Nnrthw. 73 71% 73 71%
Chandler Motor. 85% 85% 85% 85%
Coca Cola 35% 34% 34% 34%
Consol. Cigars.. 74% 73% 7.3% 75
Corn Prod 8,8% 88% 88% 89
Crucible 5tee1..137 137 135 135%
Cuban An. Sug. -39% 89% 39% 39%
Cuba Cane Sug. 32% .32% 32% 32%
Columbia Grap. 23% 23% 2.3% 23%
Del. A- Hud 96% 96% 96% 96%
Den. A Ric G.. 4% 4% 4% 4%
Erie 14% 14% 14% 14%
Eric Ist pfd.... 22% 21% 22% 21%
Famous Players 71% 69 71
Fisk Rub. C 0... 27 27 27 27%
Gen’l Motors... 21% 21% 21% 21%
Goodrich 54% 54% 54%
Gt. North pfd.. 74% 7.3% 74 73%.
Gt. Nor. Ore ctf. 31% 31% 31% 32
Houston Oil ...104% ia3% 104% 105%
Illinois Central. 86 86 86 86
Inspiration Cop. 45% 45% 45% 46
Int Harvester .122 122 122
Inter. Nickel ... 20 19% 19% 20
Inter. Paper ... 78% 78% 78% 79
Invincible Oil . 38% 35% 36% .36%
Kellv-Spring. .. 75% 75% 75%
K. C. Southern . 18% 18% 18% 19
Kennecott Cop.. 24% 24% 24% 24
Lehigh Valley . 45% 45 45%
Leowg 21 20% 20% 21
L. AN 101% 101% 101%
Lackawanna Stl. 65% 68% 68%
Max. Mqtor com. 11% 10% 11% ....
Max. Mtr. 1 pfd, 19 19 19
Mlama Copper.. 19% 19% 19% ....
Missouri Par. .. 26% 25% 26% 25%
Mid. States Oil . 11% 11% 11% 11%
Midvale Steel .. 39% ,39% 59% 39%
Marine 24 23% 24 24
Marine pfd. .... 74% 74% 74% 75
Mex Petroleum 162 160 161% 162%
National Lead . 73% 72 72 73
New Haven 34% 33% 34% 33%
X Y. Air Brake. 98 97% 98
N. V. Centra! . 74 72% 73% 73%
Nev Con. Cop.. 10% 10% 10% 10%
Norfolk A W. .96 94 % 96
Northern Pae . 75% 74% 75% 74%
O P. A Kef Cos.. 3% 3% 3% 3%
Pan-Am. Petrol. 88 86% 87% 87%
Penn 41% 41% 41% 41%
Pierce Arrow . 37% ,36% .36% .37%
Pierce OH Cos.. 12% 12% 12% ....
Pittsburg Coal . 02% 61% 62% 62%
Pure OH 38% 38 38% 38%
Reading 92% 91% 92% 91%
Rep. IronASteel 84% 83% 84% 85%
Replogle ;. 76 74% 75 77%
RoyalDutch.N.Y 83% 82% 83
8. L. A S F.com 26% 26% 26% 26%
Stromberg .... 74 72 74 74%
Sears-Roebuck ..I+o% 14(>% 140%
Sinclair Oil 29 28% 28% 20
So. Pacific 96% 95% 96 95%
So. Railway... 28% 27% 28% 27%
Studebaker .... 62% 60% 62 61%
Texas Cos 47% 46% 47 47
Tenn. Copper. . 9% 9% 9%i 9%
Texas A Pacifle .36% 35% 36% 32%
Union Oil 26% 25% 26 26%
Union Pacific .. 122 120% 121% 121
Tob. Prod Cos.. 64% 64 64% 65
U. Retail Stores 68% 07% 68 68%
( SFood urod Cor 59% 59% 29% 59%
United Fruit C 0.195% 194 195% 194
USlndus Alcohol 86% 85% 86 86
U. S. Rubber.. 86 85 86 85%
*U. S. Steel.... 89% .88% 88% 90%
U. S. Steel pfd.106% 106% 106%
Utah Copper. 62 61% 61% 62
Vanadium 69% 68% 68% 70
Wabash Ist pfd 25% 25% 25% 26
White Motors.. 45% 44% 45.% 45%
W. Maryland.. 10% 10% 10%
West. Union... 83% 83% 83% 83
West. Electric.. 48 45 48 47%
Willvs-Overland. 15% 15% 15% 15%
Wilson A C 0.... 57 57 57 57
Worth. Pump.. 58% 58% 58% .....
•Ex-dividend.
In the Cotton Markets
NEW YORK, Aug. 30.—Reflecting a
weak technical condition after last
week's active covering movement and
with cables lower and weather favorable
the cotton market opened weak today
with first prices 5 to 75 points ret
lower, i
Selling was also Influenced by the un
favorable labor news.
After the opening December dropped
to 26.59, representing a loss of 85 points.
New York cotton opening—October.
29.25 c; December. 29.40 c; January. 26.45 c;
March. 25.90 c; May, 25.75 c; July, 25.50 c.
In the last hour, the sellers found It
very difficult to dispose of contracts and
prices crumbled rapidly until the active
months had reached a net decline of 200
points, where the break was automatical
ly checked by the exchange rules govern
ing fluctuations in a single day.
New York cotton range
High. Low. Close.
October 29.25 29.25 27 70 27.70
December ... 27.40 27.40 25. so 25.80
January 26.45 26.43 25.15 25.15
March 251X1 2600 24 60 24.70
May 25.75 25.75 24.60 24.60
NEW ORLEANS, Aug. 30—Cotton fu
tures were battered all day on reports
of labor troubles, good crop reports and
dull cables. Options opened 34 to 50
points lower, except for October, which
started 55 higher and advanced 5 points
further.
Later October lost 255 points and other
positions declined 130 to 165.
The close was easy, with quotations all
around 2 cents under Saturday's close.
Open. High. Low. Close.
October 28 00 ' 28.05 25.45 25.45
December 26.50 26.50 24.85 24.85
January 26.05 26.05 24.56 24.50
March 25.60 25.60 24.15 24.15
May 25.05 25.05 2.3 75 23.75
LIVERPOOL. Aug. 30.—Spot cotton
was quiet at the opening today, with
prices steady. Sales totaled 4,000. Ameri
can middlings fair. 28.92d; good mid
dlings, 26.17d; fully middlings, 24.67d;
middlings, 23.42d; low middlings, 19.62d.
CHICAGO PRODUCE.
CHICAGO, Aug. 30.—Butter —-Creamery
extras, 55@55%c; creamery firsts. 5 S@
53% c; firsts, 4.8054 c; seconds. 44047 c.
Eggs -Ordinaries. 45%@46%0: firsts. 49%
@50%0. Cheese—Twins. 23%e; Young
Americas. 25%e. Live poultry—Fowls.
32%c; ducks, 32c; geese, 24c spring
chickens, 3'2%e; turkey*. 450. Potatoes-
Receipts, 50 cars; Jersey Cobs, $.303.15;
Ohios, $2.3002.50.
LOCAL HIDE MARKET.
Green Hides—No. 1,15 c; No. 2,14 c.
Green Calves—No. 1,20 c; No. 2, IB%c.
Horsehides-—No. 1, $6; No. 2, $5. Cured
Hides—No. 1. 17c; No. 2. 16c.
HEAVY HOG
PRICES STEADY
Lights and Mediums Are 25
Cts. Off—Calves Down $1.50.
RANGE OF HOO FRICKS.
(From yesterday’s late edition.)
Good Good Good
Aug. Mixed. Heaw. Light.
21.115.5015.75 $14.75 @ 15.25 $15.50@16.00
24. 15.00015.25 14.75@15.00 15.20@15.50
25. 16.35(^15.51) 14.75@16.25 i5.50@15.76
26 . $15.35@ 15.60 15.00@15.25 15.60@16.00
27. 16.35@15.75 15.00@15.65 15.75 @ 16.25
28. 16.60 @16.00 15.00015.65 16.00@16.50
The opening of the week’s market to
day saw hog prices steady to 25 cents
lower with the close of last week's mar
ket on Saturday.
Light, common and medium hogs were
generally 25 cents lower, while good
heavy hogs were steady with a good de
mand and but a fairly good supply.
As oil the Friday and Saturduy mar
kets of last week, local packers gave no
schedule that was conformed with by
shippers and other buyers and scales
covered a wide price range with buying
and selling taking place in the pens.
The top for the duv was $16.25. with
the bulk of sales at $15.75@16. Mixed
heavies brought $15fe15.75, while best
heavies brought $15.60@15.75. Good
mixed light hogs brought $15.50fe15.85.
and best lights, $15.85fe 16.25.
Roughs were steady at sl4 and down,
while best light pigs under 140 were off
fullv 25 cents at $15.25 and down.
Buying was fairly general, with most
of the local packers taking part and
eastern shippers buying the usual num
ber for the opening day of the week's
fp g r ket.
Receipts for the day approximated
8.000, with 1,100 left over from last week's
market, leaving approximately 6,900 fresh
hogs on the market.
The receipts were considered fairly
heavy for the opening of the week's mar
ket, and it was the general opinion that
the close of the market would see a good
clea ranee.
Cattle receipts were heavy for the
opening market at approximately 1,200,
and with a fairly active market, prices
were steady with last Friday’s market.
If anything there were more good cat
tle on the market than has been the us
ual run for the past three weeks, and
commission men say that they are in
hopes that the flood of common and me
dium will be followed by a similar flood
of good cattle, which would add much
to the tone of the cattle market, not only
in Indianapolis but in outside cattle mar
kets as well.
With an oversupply of good calves on
the market, regardless of the fairly good
demand, prices on the calf market fell
$1(01.50 after opening firm.
The extreme top closed at $lB, $1 lower
than the Saturday market, while the top
was $17.50 Most of the good choice veals
brought $16.50® 17.50, good veals brought
$15.50(016.50; mediums, sll@l3, and heav
ies. $9(011.
Receipts for the day approximated 800.
With s<X> oeep and lambs on the mar
ket, prices held generally steady, with top
lambs at $12.50 and top sheep at $6.50.
HOGS.
Best light hogs. 100 to 200 lbs.
average 16 OOfel6.V)
250 to 300 Ins. average 15.00(345.05
Over 300 lbs 14.00<gi5.u0
Sows 12.00(014.00
Best pigs, under 140 lbs 15.09015.50
Bulk of sales 15.75fe16.25
CATTLE.
Prime cornfed steers, 1,300 lba
and up
Good to choice steers. 1.200 to
1.300 lbs: - 13.75fe15.00
Good to choice steers. 1,100 to
1,200 lbs 11.50fe13.00
Good to choice steers. 1,000 to
1,100 lbs iaoofel3oo
Common to medium steers,
900 to 1,000 lbs... B.s"fe 10.50
Heifers and Cows—
Good to choice heifers 11.00fe13.75
Medium heifers 900fe10.5<)
Common to medium heifers fl.sofe 8.25
Choice cows 9 50@11.50
Good to choice cows B.oo® 900
Fair to medium cows 0.50fe 7.75
Conners 4.00@ 4.50
Cutters 5.75fe 7.75
• —Bulls—
Good to choice butcher bulls 7.50® 9.0 G
Bologna bulls 6 50fe 750
Light common bulis 4.50<y 6.50
—Calves—
Choice veals 18 004118.50
Good veals 16.50(217.50
Medium veals 13.00fe15.75
Lightweight veals 9.00fe 11.00
—Stockers and Feeders—
Good to choice steers. 880 lbs.
and up . OOOfeIO.OO
Good to choice steers, under
800 lbs , B.oofe 9.00
Medium to good cows 5.50fe 8.00
Good cows 6.00fe 700
Gopd heifers 7.00fe 8.00
Medium to good heifers 6 75fe 7.00
Good milkers 50 00® 12500
Medium milkers OO.OOfeTOO.OO
Stock calves. 250 to 450 lbs. 7.Wife 0.00
SHEEP AND LAMBS.
Good to choice sheep 6.00® 6.50
Fair to common aSOfe 4.00
Bucks 4.00® 4.50
La rung—
Common to choice yearlings. 5.00fe 7.50
Spring iambs , 7.50fe12.00
Other Live Stock
CHICAGO. Aug 30. -Hogs-Receipts.
24,000; market. IS®2sc higher; bulk of
sales. $34.15(315.85. top, sl6; heavies,
$14.50013 65; mediums. $15.10016: lights
sls 254416; light lights. sl4 75(315 75;
heavy packing sown, smooth. $14.10(3
14 40; packing sows, rough. sl3 75(314.10;
pigs. $13.50(§.15 25.
Cattle —Receipts, 23,000; market. 250
50 lower beef steers. medium and j
heavyweight, sl6 75017.75; choice and
prime. sl6 75017.75; medium and good,
$12.26®16.65: light weight, good and
choice, $14.25011.50; common and me
dinm. $9014; butcher cattle heifers,
$6.60(g15; cows, $6012.75; bulls, SSO
11.50; canners and cutters, cows and
heifers, $406 canner steers, $4.5007.50;
veal calves (light and handy weight),!
sls 50017 25; feeder steers, $7.50012.25;;
stocker steers. $5.50010.50; stocker cows
and heifers. $509.
Sheep--Receipts, 28,000; market, steady
to 23c lower; lambs, 84 lbs. down, $l2O
14.75: culls and common, $8.50011.75;
yearling wethers. $9010.75; ewes, $6,250.
8; culls and common $305.75; breeding j
ewes. $6011; feeder lambs. $12013.25.
CINCINNATI, Aug. 30. Hogs -Re
ceipt.-'. 4,200; market 2505 Ce higher:
roughs. $1.25 higher; heavy and mixed,
$15.75016.25; light. $15.75; pigs, $13.60;
roughs, $13.50; stags, $lO. Cattle—Re
ceipts, 3,(XX); good steady market; me
dium and common, weak; pulls, steady;
'•alves, sl9. Sheep and lambs—Receipts.
::/S00; market steady; sheep, $1.5007;
lambs, lower. $6015.50.
CLEVELAND, Aug. 30—Hogs—Re
ceipts, 5,500; market steady. 10c up;
yorkers, $16.35016 40; mixed, $19,350
16.40; medium, $16.35016.40; nigs, $15.50
016: roughs, sl3; stags. $8.50. Cattle—
Receipts, $15.50; market, 50e lower; good 1
to choice steers, $13015; good to choice j
heifers, s9Oll ; good to chnire cows, SBO j
9: fnlr to good cows. $608; bulls. $809; I
milkers, $5001.50. Sheen and lambs—Re
ceipts, 2,500; market 75c01 lower; top,;
$14.25. Calves—Receipts, 1,000; market
steady; top, $19.50.
PITTSBURG. Aug. 30.-—Cattle Re
ceipts, 75; mnrkef. active; choice, sls@
15.75; good, $14014.50; fair. $12.50013.50;
veal calves, $lBOl9. Sheep and lambs —
Receipts, 20 doubles; market, lower;
prime wethers. $8.5009; good, $7.2508;
fair mixed, $607; spring lambs, $14.50
015. Hogs—Receipts, 40 doubles; mar
ket, higher; prime heavies, $14.50015.60;
mediums. $16.75017; heavy Yorkers,
$16.75017: light Yorkers, $15.75016.25;
pigs. $15015.50; roughs, $11013; stags.
$808.50. -
EAST ST. LOUS, 111.. Ang.
tfe—Receipts. 9,000; market steady; na
tive beef steers. $14015; ypnrllng bepf
steers and heifers, $15.50016,50; cows. $7
@8: stoekers and feeders, $6010.50;
calves, $15015.75; canners and cutters,
$406. Hogs—Receipts, 9,500; market
25c lower; mixed and butchers, $15,650
16.25; good heavies. $14.75015.75; rough
heavies, $12.75013.50; lights, $15.75016.26;
pigs, $13015.50; bulk of sales, $15016.20.
Sheep—Receipts, 3,500; market steady;
ewes, $608; lambs, $11012.75; canners
and cutters, $206. ,
EAST BUFFALO. V. Y.. Aug. 30.—Cat
tle Receipts, 2,800; market, 25050 c
higher; shipping steers, $15015.75;
butcher grades, $9015; heifers $7012;
'cows, $3010.50; bulls. $509.50; milch
cows $400140. Calves—Receipts, 2,200;
market active and steady; culls to choice,
$6021. SbPep and lambs- Receipts,
7,200; market slow. 50 dower; choice
lambs. $4.50015: culls to fair. $10014;
yearlings, $809.50; sheep, $508.50. Hogs
—Receipts. 4 9,600; market active and
strong; yoraers, sl7; pigs. sl7; mixed,
$16.75017; heavies, $10016.50; roughs,
$12013.25; stags, SBOIO.
INDIANA DAILY TIMES, TUESDAY, AUGUST 31, 1920.
Indianapolis Securities
r —Aug. 30
STOCKS.
Ind. Ry. & Light com 55
Ind. Ry. A Light, pfd 95
Indpls. & Northwest, pfd 75
Indpls. & Southeast, pfd 75
Indpls. St. Ry 52 55
Terre Haute T. A L. pfd 50
T. H., I. !4 E. com 1% 5
T. H„ I. &E. pfd 9%, 16
T. H., T. A I. pfd 53 70
U. T. of Ind. com 1
U. T. of Ind. Ist pfd 10
U. T. of Ind. 2d pfd 2
-Miscellaneous—
Advance-Rumelv com 30
Advance-Rumely pfd 60% ...
Amer. Central Life 235
Amer. Creosoting, pfd 93
Belt Railroad, com 70 80
Belt Railroad, pfd 47% ...
Century Building, pfd 97
Cities Service, com 295 302
Cities Service, pfd 65% 66%
Citizens Gas 32 35
Dodge Mfg. pfd 99% ...
Home Brewing 55
Indiana Hotel com 60
Indiana Hotel pfd 00
Ind. National Life 4% ...
Ind. Title Guaranty 59 69
Indiana Pipe Line 93 ...
ludpls. Abattoir pftl 46 51
Indianapolis Gas 46 50
Indianapolis Tel. com 7 ...
Indpls. Tel, pfd 85
Mer. Pub. Utl. pfd 44
National Motor 9 12
Public Savings ? 2% ...
Rauh Fertilizer pfd 40
Standard OU of Indiana.... CGO
Sterling Fire Insurance..., 8% 9%
Van Camp Hdw. pfd 95
Van Camp Pack, pfd 95
Van Camp Prod. Ist pfd 95
Van Camp Prod. 2d pfd 95
Vandalia Coal com 5
Vandalla Coal pfd 10
Wabash Ry. com 8
Wabash Ry. pfd
Banks and Trsut Companies—
Aetna Trust 100
Bankers Trust 118
City Trust 82 ....
Commercial National 65 ...
Continental National 112
Farmers Trust 200
Fidelity Trust 120
Fletcher Am. National 257
Fletcher Sav. A Trust 163
Indiana National 2-80 290
Indiana Trust 195
Live Stock Exchange 450
Merchants National 275
National City 112 118
People’s State 176
Security Trust 120
State Savings and Trust.... 90% 95
Union Trust ft. 340 370
Wash. Back A Trust 145
BONDS.
Broad Ripple fig 46 ...
Citizens Ht. Ry 5s 73 77
Ind. Coke A Gas Cos. 6s 87 ...
Indian ( reek Coal A Min... 98
Indpls. A Colum. South. 65.. 8s
Indpls. A Greenfield 6s 90
Indpls. A Martinsville sis.. 57
ludpls. A North. 3a 36 40
Indpls A Northwest 5* 48 54
Indpls. A Southeast. 6s 45 ...
Indpls., Shelby A ,8. E. 55.. 80
Indpls St. Uwy. 48/ 67 65
Indpls. Trae. A Term, sis.. . 66
Kokomo. Marlon A Western. SO S2
T. TANARUS„ I. & E„a> 50
Union Traction of Ind. 65.. 47 54
Citizens Gas Cos 70 83
Ind. Hotel 2d 6* 06 I(V>
Ind. Gas 5s i'i
Indpls. L. A H 75 82
Indpls. Wates sis 88 92
Indpls. Water 5s sh 92
M. H. A L ref fi* 85 90
New Tel. Ist 6s 94
New Tel. Long Dist 5a.... 93% ...
South. Ind. Power sis s 6 ...
LIBERTY BONDS.
Liberty 3%S 89.80 90.10
Liberty first 4s. 54..50 .84 To
Liberty second 4s .84 80
Liberty first +%... .85 02 85 30
Liberty second 4%*...... 81 44 84 64
Liberty third 4%* 87.74 87.94
Liberty fourth 4%* 84.92 85 14
\lctory 3%i $5.32 95.52
Victory 4%* 95 38 95.56
On Commission Row
General trading on the wholesale pro- :
dure market opened with a firmer tone
today, due, perhaps more than any other
thing, to the demand created over the;
week end and to the ever diminishing i
supply of vegetables from the home gar j
dens
There was but little rally, however. :
in prl -es except In the cases of pota- j
toes, cantaloupes and pe*rhe.
Potatoes were 50 cents higher at $5.75
a 'barrel, while peaches sold some higher '
at $3.75 04.
Cantaloupes and tomatoes were selling 1
10 to 25 cents higher, while King -an
taloupes came on the market at $3 250
3.75 a crate.
California seedless grapes were steady,
despite the small supply and fairly good
demand, while California Malaga grape*
In 25-pound crates were selling at S3O
3.25.
Wholesale men said that the people had
Just as well expect a raise in the prices
of California fruits when the Increase In i
freight rates takes pkioe Sept. 1.
TODAY'S PRICES.
Apples—Baskets. 51.2502 .V
Sweet Apple Cider -Per gal, $1; half
gai, 60c.
Bananas -Pound, 8%09e.
Cabbage—Home-grown, bbl. $1 7302,25.
Hears—Michigan navy, in bags, per lb.
808%c; California llmas. In sacks, 1.30
14c; marrowfats, per lb.. 14%((i I.V; green,
fancy, home-grown, bu„ $1.2501.50. In
dlana hull llroac, per gal. $3 25.
Beets—Fancy home grown, dor., 40c;
per bu., $2.
Cantaloupe—Orate, -standard, $1; flat,!
35050 c; baskets, 40(jj)5'H\ King canta
loupes. per crate. $303.50.
Carrots —Homegrown, 3<V per doz.
per bu„ $2.
Celery—Michigan, 6 dnz crate, $202 30.
Cucumbers—Home grown, dor... 75c.
Eggplant—Homo-grown, per' doa, $1.75.
Grapes—California white, seedless, per
25-crate, $3. California Malaga, 23-lb.
crate, $303.23.
Lemons—Extra fancy, California, $1.25
04.75.
Lettucs—Per lb., 10c; bbl. lots. 8c;
home-grown per doz, 40c; fancy N. Y.
head, per crate, $3.
Mangoes—Fancy, home-grown, bu.,
$1.5001 75.
Molons-Honey Dew, crate, $30,350;
southern Indiana Tiptop, bbl., $4.5005.
Onions—lndiana yellow and white, bn.,
$1.50; per bbl, $4. fancy western yellow,;
per 100-lb. sack. $2 7603.
Imported Spanish Onions Per crate of
fifty, .♦•;* 500.3.
Oranges Extra fancy California Va
lencias, $5.3008.50.
Parsley—Fancy home-grown. 30c doz.
Peaches—Alabama, per crate, $3,500
4.25; Kentucky Albertas, per busket,
$304; southern Indiana, per basket,
$3.3004.25: some inferiors, per bu, $2.
Pears —California Bartlets. 48 lb. crate,
$3.6004; alligators, per doz , $4; home
grown sugar pears, bu., $3.
Plums—California blue, per crate,
$3.50: Blue Damson, half bu baskets,
$3.2503.50; Burbanks, basket. $1.50. bu ,
$3.5004.50; Wild Goose, basket, $1,300
1 75; Green Gage, basket, $202.50; Lom
bards, basket. $202.26; Indiana blue
freestone, bu., $3.5004.
Potatoes —Virginia and Kentucky Cob
blers, bbl., $5.5006.50; new home-grown,
$5.5006.
Radishes —Home-grown, button, doz.
bunches, 250.30 c.
Rhubarb—Home-grown, doz. bunches,
35c.
Spinach, home grown. $1.2501.50 bu
bfl sK6t>
Squash Summer, ner do*. sl.
Sweet Corn—Home grown, doz, 35010 c.
Sweet Potatoes—Alabama, bu., $2.500.3.
Jersey, per bbl, $9.
Tomatoes —Bu., 30c@1.50; baskets, 250
50c.
Turnips Fancy, new, per bu, $2.50.
Watermelons—Georgia, small, 40045 c;
Jumbos, 60090 c.
TOLEDO CASH GRAIN.
TOLEDO, Aug. 30.—When! No. and.
$2.56. Corn—No. 2 yellow, SIJRI. Oats -
No. 2 white, 72073 c. Rye— Unquoted.
Barley—No. 2, $1.20. Cloverseed-■■Cash,
$18; October, $18.70: February and
March. $18.80; December, $18.47%. Tim
othy-Cash (1917 and 1918), $4; (1919),
$4.10; September, $4.15; October and De
cember. $4.10; March, $4.26. Alsike —Cash,
$18; October and December, $18.30;
March, $18.90.
WHEAT PRICES
SLIGHTLY OFF
Corn and Oats Futures Down
—Provisions Firm.
CHICAGO, Aug. 31.—With a small
trade, wheat started % cent loveer for
December and % off for March.
Corn was unchanged to % lower for
September; %@%c off for December, and
%@%c lower for May.
Trade was light.
September oats were unchanged to %
cent lower, and unchanged to % higher
for December.
Trade was dull, awaiting developments.
Encouraged by the advance in bogs,
provisions opened firm.
Buying was scattered.
(By Thomson A McKinnon)
—Ailg. 30—
Wheat—An almost complete slowing
down of export demand, together with
Reappearance of some hedging sales kept
wheat prices easy. It is quite generally
claimed that offerings from the country
are cortfiderably less than an average.
It is a fact that the primary movement
isv materially smaller than a ye+r ago.
Taking into account the position of sup
plies and the reluctant selling of the
producer, together with the premiums
of some twenty cents for current re
ceipts, it would seem as though the de
ferred deliveries were unduly suppressed.
Corn—Byond a little too much rain in
portions of the corn belt, conditions are
quite favorable. This situation, together
with a weak ensh market, has Increased
bearish sentiment. There has been a lit
tle sea/tered liquidation of September
holdings but no important selling of the
new crop months. The market suffers
as much from an absence of new demand
as from any heavy pressure. The temper
of the trade is such that cash market
must be strengthened or unfavorable
crop news be received if the market is
to show any pronounced strength.
Oats—Seaboard houses were buyers of
December oats early, but thereafter mar
ker ruled very dull, declining in sym
pathy with corn, being influenced also
by a goodly increase in the visible sup
ply. Southern demand is said to be
good, but eastern demand is very slow.
Provisions —Strength in hogs was an
Influence in products early but a gen
eral lack of interest and the heavy tone
in grains more than offset the advance
In hogs An improved cash .trade is ex
pected in the future, but this market,
like the grains, needs a rather well de
fined motive if prices are to be ad
vanced.
CHICAGO GRAIN.
—Aug. 30—
WHEAT— Open. High Low. Close.
Dec 2 36% 2.36% 2.32 2.38
March... 2.32 232 2.29 2.29%
CORN—
Kept 1 4 4 1 44 1 40 1.40
Dec 1 19% 1 19% ILS 1.18%
OATS—
Sept.... 67% 67% 66% 66%
Dec 67% 67% 66% 66%
PORK—
Sep; 25 10 25.10 21 10 24 19
Oct 25,80 25.85 25.10 25.20
LARD
Sept 18.50 18.65 18.35 18.45
Oct 1.8.85 19.00 18.75 18.82
RIBS—
Sept 15 25 15 30 15 05 15.05
Oct 15 82 15-82 15.30 13 50
CHICAGO CASH GRAIN.
CHICAGO. Aug 30.—Wheat—No. 1
red, $2 55(02.56% ; No. 2 red, $2.54; No
3 red, $2 52%fe2 53; No 4 red. s2.sofe
2 .'>4 ; No. 1 northejn spring, $2 32®. 53%;
No. 2 northern spring, $2 44fe2 44%; No.
3 northern spring, $2 42feJ 43 Corn- No.
1 and No 2 mixed, #1330*136; No. 3
mixed* $1.54 No. 4 mixed. #1 53; No. 7
and No. 2 yellow, $1.33%. 160; No. 3 yel
low. sls2® 1.58; No. 1 white, sls3'®
1.58%; No. 2 white, sls3felfi7. Oat* -
No 1 white, 68%'’t72c No 2 white, 68%
feTl\c* No. 3 white. 06%®6&%e; No. 4
white, 67fe68c
PRIMARY MARKETS.
(Ry Thomson A McKinnon)
Aug HO
W heat. Corn Oat*.
Chicago 174.000 189,000 337,000
Milwaukee .. . 15,000 40,0)0 224.000
Minneapolis ... 747.000 29,000 320,000
Duluth 40,000 2.000
St. Umls 200.000 68,000 172,000
Toledo 20,000 10,000 53.000
Detroit 1.000 28,000
Kansas City .. 495.0>* 40.000 73.000
Peoria 13.000 38.000 06,000
Omaha 220)000 80.000
Indianapolis .. 47.000 29,000 112,000
Totals 2.043.000 546.000 1,492,000
Year ago Holiday.
Shipments—
Wheat Corn. Oats.
Chicago 100,000 71.000 183,00i
Milwaukee 6,( 9.000 43.000
Minneapolis ... 171.000 7,000 53,000
Duluth 20.000 5.000
St, Louis 75.000 24,000 92.000
Toledo 6,000 2.000
Kun*is City .. 193.000 19.000 12,000
Peoria 13.0(4) 27.000 58.000
Omaha 165.000 32.000 12.000
Indianapolis .. 3.000 6,000 32,000
Totals 818,000 195.000 492.000
Year ago—Holiday.
Clearances—
Dom. W. Corn Oats.
New York 55,000
Boston 208.000
Galveston 1,934,000
Totals 2.197.000
Year ago- Holiday.
INDIANAPOLIS CASH GRAIN.
—Aug. 30—
Bids for car lots of grain and hay at
the cali of tho Indianapolis Board ,of
Trade were:
Wheat- Steady; through billed, track,
milling. No. 2 red, 3?.56%fe2.57VJ.
Corn Weak; No. 3 white, $1.65® 1.58;
No 3 yellov , $1.56® 1.58; No. 3 mixed,
31.54feT.56.
Oats Easier; No. 2 white, 674)090; No.
3 white, oifedsc.
Hay Steady; ill new; No. 1 timothy,
83.’MU/(3; No. 2 timothy. #31.fi0®32; .No
1 light clover mixed, $310(31.30; No. 1
clover mixed, s3ofe3O,V).
—lnspections
Wheat No 1 red 2 cars- No. 2 red,
6 cars; No. 3 red, 3 cars; No 5 red. 2
cars; No. 1 hard. 8 cars; No. 1 mixed,
2 cars; total, 23 cars.
Corn No, 1 white. 3 cars; No. 2 white,
12 cars; No. 3 white. 2 cars; No. 1 yel
low, 5 cars; No. 2 yellow, 5 cars; No. 3
yellow, 1 car; No. 6 yellow, 1 car; total,
£9 cars.
Oats—No. 2 white, 45 oars; No. 3 white,
40 cars; No. 2 u.lxed. 1 car; No. 3 mixed,
2 cars; total, 68 cars.
Rye- No. 2, 2 cars.
Hay—No. 2 prairie. .1 car.
WAGON WHEAT.
Indianapolis flour mil's and elevators
are paying $2 35 for No. 1 red wheat,
$2 32 for No. 2 red and $2 29 for No. 3
red. Other grades according to quality.
CORN AND WHEAT BULLETIN.
For the 24 hours ending at 7 a. m.,
90th meridian time Monday, Aug. 30;
temper- . |
ature. S_ •> |
v 'w rt ,
—'wet*'
Stations of n mm ° | s*•
Indianapolis 2
District % | 55
tt ~ a% s aw
o p£ j o
-2 2 3,
South Bend | 83 | 59 i 0.47 | Good
Angola : 76 59 ' 0.22 ■ Good
Ft. Wayne j 80 \ 62 | 0.34 |
Wheat field ! 87 i 65 | 0.06 , Good
Royal Center. I84! 56 | 0.30 | Good
Marion -.! 82 i 61 j 0.19 | Good
Lafayette ! 84 j 64 ; 0.28 j Good
Farmland i 82 ; 66 0.03 1 Good
Indianapolis ~ ..•( 82 I 70 j 0.20 j Good
Cambridge City.; 82 1 60 j 0.59 (Good
Terre Haute.... 84 66 | 0 | Good
Bloomington ... : $4 \ 62 I 0.16 Fnlr
Golmubus 93 j 71 ! 0.05 I Rough
Vincennes I 87 i 72 | 0.""8 I Good
Paoli ! 86 j 72 OJt5 Fair
Evansville ! 86 | 72 | 0,00 |
Y. hT ARMINOTON,
Meteorologist. Weather Bureau.
ROBBINS BODY CORPORATION.
Preferred Stock Dividend.
Notice Is hereby given that the regular
Quarterly Dividend of one anil one-half
percent (1%%) has been declared on the
Preferred Clipital Stock of the above
company and will be payable on Septem
ber 1, 1920, to stockholders of record at
the close of business on August 31, 1920.
UZ McMURTRIK. President
Indianapolis. August 20. 1920.
MWH.BLOCK(3
Hart Schaffner & Marx guaranteed clothe* for men, young men and boy* (8 to 18).
.
' , ' ' ' >.■
Sale
Women’s Low Shoes
Close to 5,000 pairs ptimps, ties and
similar to those that sold a \f
few months ago for $9.00, SIO.OO fw
Shoes of this sort will be in demand for wear throughout the fall—
this remarkable low price enables women to obtain two or more pairs
for the price of one. <
It is a mistake to delay purchases longer—delay means only lessened
choice, as prices have reached the lowest notch and will go no further.
SHOP IN THE MORNING PLEASE.
iSrown Suede Patent Kid Field Mouse Kid
Black Suede - tjmj Brown Calf
Gray Suede 1 Black Calf
Brown Satin Brown Kid French Heels
Black Satin Tan Kid Baby French Heels
Sizes */2 to 9 AAA to D Widths
All aboard. These are the last and lowest prices you’ll see. Sale
price $3.85
—Third Floor.
RA.se/nEiiiT.STORL jsiSSii |
SILK DRESSES |
For Small Women and Misses
Nearly One Thousand of Them at Two Feature Prices
If you wear a Email size dress, now is the time
to get two or more new silk dresses for fall at the
price of one. In most cases the price attached to
these dresses would hardly buy the material—
they have sold formerly at very much higher ~
But quick clearance is one of our institutional ji
policies, and in accordance with that idea, these
dresses must go. repardless of the price lowering
necessary to remove them.
THE DRESSES ARE OF— THE COLORS ARE— / /
Shantung silks Georgettes Belgian blue Sand //
Crepe de chine* Taffeta* Seal brown Navy / j ph/y
Tricolettes Foulards Silver Etc. p/ 1 'if
Sale Price Sale Price j ,fj>
SQ.9B sl4=
For silk dresses For silk dresses /s3
formerly sold at formerly sold at 'la
$15.00, $16.50 $20.00, $25.00
and $19.50 and $30.00
SILK Walking SKIRTS
For Women and Misses
Our entire stqek reduced—slo.oo, $12.50, $15.00, $18.50 and a few $25.00
qualities
Saie pHce 5
Polo silk skirts
Fantasi silk skirts
' Crepe de chine skirts
Baronette satin skirts
Hums! Kumsa skirts
Skirts in preferred styles and colors; in practically every instanee the
sale price is less than our wholesale cost; sale price $6.75
’ r~ ' =
i
Domestics and Beddings
LONGCLOTH, yard BLEACHED SHEET- BLEACHED MUS
wide. soft. heavy ING, 2\4 yards wide, ex- LIN. yard wide, perfect
thread, for underwear, tra quality; sl.lO qual- weave and finish; ex
launders perfectly, ex- Ity. (No phone AC * cellent quality for gen
cellent wearing. (No orders.). Yard..i/CyC eral use. (No phone
special, UNBLEACHED special, yard
yarfl SHEETING, double bed SOFT FLEECED OUT
PLAID GINGHAMS. 32 width, firm thread, easy ING FLANNEL. 27 inches
inches wide, beautiful to hleach. Extract wide, neat color stripes on
color combinations; ex- special, yard vy7L light grounds. (No phone
cellent for women’s Q_ orders.) Extra
, and children’s wearOC WHITE OUTING FLAN- special, yard zijeJL
DRAPERY CRETONNE, NEL, 26 inches wide, soft CURTAIN SCRIM, as
bird and floral designs, in and fluffy, double fleeced, sorted color borders;
attractive colorings; over * or * n * a Jl* B childrens (None to dealers); extra
100 pieces to choose "’6 ar - phone Opip special, 4pr
from. Special. OR, orders) ard L yard IOC
yard OCJL BLEACHED SHEET- ' BLEACHED SHEETS.
COMFORT MATE- ING, double bed width, size 81x90. “seamless”;
RIALS, challis, voiles, extra high grade sheeting; (limit 2 to customer);
prints, etc. Extra 4 Q sl.lO quality, HC\n * 2 ' 45 < l ualit y- (J 1 QO
special, yard A V/L yard / */C> each tJ)A.*yO
9